MELVILLE, N.Y. -- Leading veterinary supplier Henry Schein Inc. today announced it will acquire NLS Animal Health, a privately held, full-service veterinary distribution business based in Owings Mills, Md.



Financial terms of the transaction were not disclosed.



NLS Animal Health serves about 8,000 companion animal clinics in 26 states in the South-Central, Mid-Atlantic and Northeast regions of the United States, and had 2005 sales of approximately $110 million. The acquisition will add more than 60 sales representatives to Henry Schein's existing veterinary sales force.



"NLS Animal Health is an ideal strategic and cultural fit with Henry Schein that will increase our presence in the growing U.S. companion-animal veterinary market," said Stanley M. Bergman, chairman and CEO of Henry Schein. "Our two companies share a focus on customer service and efficient operations, and this acquisition will enhance our reach to veterinary practitioners and our value to manufacturers."



"Henry Schein is pleased to welcome the NLS team under the leadership of Sam Woodside, NLS's president and CEO. Sam became the CEO of NLS in 2002, and has successfully grown the company since that time. In his new role as vice president and general manager, Veterinary Division, Sam will be responsible for managing the Henry Schein and NLS veterinary businesses," Bergman said.



NLS Animal Health is a leading full-service, value-added distributor of more than 12,000 veterinary products, including veterinary pharmaceuticals, diagnostics, instruments, equipment, supplies and dietary products.

Henry Schein, Melville, N.Y., serves more than 500,000 customers worldwide, including dental practices and laboratories, physician practices and veterinary clinics, as well as government and other institutions. The company employs nearly 11,000 people and has operations in 19 countries. The company's sales reached a record $4.6 billion in 2005.



SOURCE: Henry Schein Inc. via Business Wire.